Pakistan, April 25 -- Prices of petroleum products are expected to decline in Pakistan in the next price review on April 30 owing to an international downward trend in oil prices.

The prices of diesel and gasoline have dropped in the global market by $4.3 a barrel and $1.86 a barrel respectively, due to which prices in the domestic markets are expected to fall by Rs7.85 and Rs3.75.

The per barrel price of diesel in the international market is now $104.76 and petrol is $107.16.

Experts in the oil industry told the publication that the prices of petroleum products are trending downward in the worldwide market. The local cost of petroleum goods could also decrease if this effect is passed on locally.

On April 29, 2024, the oil industry wil...